OluwaTosin10
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Merit: 4
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December 18, 2018, 12:20:15 PM |
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The answer is simple , market makers , They manipulate the market whenever they want to fill their pocket , and the is no regulation or rules to stop them , some people are developing scam coins only for that .
You are very right and annoyingly enough The development of scam coin is even worse and difficult to stop Hard to apprehend the scammers too I think with more wise people with knowledges about crypto currency There will be less scams and better markets
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Ryananda
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December 18, 2018, 12:47:41 PM |
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the current price on the market is still very low and this is like playing, the answer you give to the questioner is very precise and accurate, only the problem of price increases that we don't know when.
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Idoe
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December 18, 2018, 12:55:52 PM |
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The cryptocurrency doesn't keep going down, friend, this still continues, with crypto money going up and down irregularly. We learn to understand what happened to be able to read the situation that happened.
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starplaks
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Activity: 322
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December 18, 2018, 12:58:46 PM |
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Many people stop believing in this market, so they withdraw money even though this is a net loss!
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der_troll
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December 18, 2018, 01:03:04 PM |
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I think everybody understands that the market is manipulated by some whales. The latest news are pretty great for the crypto space and another big players want to join the industry and they want the best prices.
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sudeshkumar
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THE ENERGY EFFICIENCY PROTOCOL
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December 18, 2018, 11:02:29 PM |
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People saw a great price rise in 2017 of the crypto market, resulting in immature and naive investors also invested with allurement of making money in short time ,now when they fail they are selling persistently ,shorters are actively shorting and able to earn lot of money,hope of revival of the market in Dec 2018 dashed economy of the various countries revived after 2008 collapse and people faith in real value currency floated by the govt.reposed are the various reasons of the dip in the market.
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cryptobae10
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February 01, 2019, 08:45:06 AM |
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From the look of things it seems you are right The dip continued to February which is today
And am worried if the Chinese holiday will be another reason for continued drip ??
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arpon11
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February 01, 2019, 09:51:34 AM |
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Many people stop believing in this market, so they withdraw money even though this is a net loss!
Believe in the market has it own impact on the market and realizing this it very important for us to rebuild the image of cryptocurrencies market again. I have lose money investing into many icos this time last year and I have discovered that most of the projects in cryptocurrencies are just idea and no really intentions of developing those project and because of this those that invested in the project could not get there capitals back as some of the projects are either dead or abandon.
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Coltpython
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February 01, 2019, 10:14:57 AM |
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The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more
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BTCGOLD
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Betking.io - Best Bitcoin Casino
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February 01, 2019, 10:20:26 AM |
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The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more
Fresh money will come along with the growing popularity of cryptocurrency. Now, to change the market trend and that cryptocurrency prices begin to grow, investors must believe that this is the end of the bear market and regain confidence in the fact that cryptocurrencies will achieve success. For this to happen, we need as many positive messages as possible.
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Twinscoin2017
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February 01, 2019, 10:25:33 AM |
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The crypto market needs new money to kickstart the bull run. When that money will come, we do not know. But we know is Crypto is getting more popular each day and its only a matter of time before the prices surge once more
Fresh money will come along with the growing popularity of cryptocurrency. Now, to change the market trend and that cryptocurrency prices begin to grow, investors must believe that this is the end of the bear market and regain confidence in the fact that cryptocurrencies will achieve success. For this to happen, we need as many positive messages as possible. Well in my part I still believe that this dip is a part of the big whales manipulation. They maybe measure the patience of the new investors on the crypto feild and I believe that this dip will really end very soon. The market is now slowly having a volume and maybe the next update is the rising of the crypto coin price.
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Insomnia family
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February 01, 2019, 10:26:44 AM |
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Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...
Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.
Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price... So, crypto will continue to dip at least till after New Year celebration. So, don't panic, the price will continue to dip...
My opinion though.
People are selling their crypto investments because they need money for shopping? It doesnt make sense. I think that people are investing only money, what they do not need. And currently it is not the best time for exchanging crypto into fiat money because you loose a lot. Yes, I don't think it's right to exchange investments in bad market conditions that are clearly not profitable, except for those who are traders, there is still little income even though the market is in a difficult period like now.
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mrdefendername
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February 01, 2019, 10:38:34 AM |
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Yes, you are right, but partially. Do not forget about those people who are just disappointed in the cryptocurrency and sell what's left. Such are the realities of today.
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hummer113
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February 01, 2019, 10:45:03 AM |
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The price of many coins a year ago has grown too much, the stronger the growth the longer the correction, this is my opinion.
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bitcoinst
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February 01, 2019, 10:54:01 AM |
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The main answer is that much less money has circulated in the crypto market. Investors, both large and small, are trying to withdraw as much of their investments as possible, at least for now.
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xenomorphe1
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February 01, 2019, 11:06:07 AM |
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Yes, you are surely right. I also think that the big investors are waiting for the smallest price before entering the market. That's why the market is falling. As people disappoint with the current situation leave the cryptos market little by little.
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pemantaubtt
Copper Member
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February 01, 2019, 11:07:31 AM |
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Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...
Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.
Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price... So, crypto will continue to dip at least till after New Year celebration. So, don't panic, the price will continue to dip...
My opinion though.
you right most of us really need money. and also hodl doesn't have any impact for many people, but I'm still a hodler. I have same wishes with you and I don't think crypto price will go down further. I hope crypto immediately reup to ath again.
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5thFear
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February 01, 2019, 11:17:43 AM |
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Well, the low income guys don't have much of the share of the cryptocurrencies so they don't the price much. I mean they may be merely 5% of the total investments in the blockchain industry so they can't affect the dip.
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Joyawan13
Full Member
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Activity: 910
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elysian.finance
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February 01, 2019, 11:18:05 AM |
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Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...
Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.
Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price... So, crypto will continue to dip at least till after New Year celebration. So, don't panic, the price will continue to dip...
My opinion though.
yes, that is what I also see to date crypto prices have further reduced the price, indeed we cannot deny that there are many people who currently have more needs to be able to survive, so those who do not have a large amount of money, even though the price estimate is currently down very low and they have suffered a lot of losses for example selling it, but they have no other choice to be able to sell some of the coins they have for their daily needs, so that can be used as a reason why crypto prices often reduce the price, because there are many people sell part of their assets.
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Fredomago
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Leading Crypto Sports Betting & Casino Platform
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February 01, 2019, 11:30:43 AM |
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The main answer is that much less money has circulated in the crypto market. Investors, both large and small, are trying to withdraw as much of their investments as possible, at least for now.
They are just resting and trying to figure things out for their benefits, we do know that large investors always wanted to find huge profits, while those who are trying to do some short are doing their best to quit while they still have some small earnings, panic sellers are mostly affected of this scenarios and there's nothing left for them but to add more dumped and the cycle will continue after.
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